Fidor Bank to Open Branchless Cryptocurrency Platform in US

In its pursue to experiment additional markets, German bank Fidor has decided to open a branchless banking platform in the US, a step that is likely to facilitate the essential use of cryptocurrency further.
According to the available reports, the Internet direct bank plans to launch a real time cross border transaction network through Ripple protocol. Fidor meanwhile has not released any further detail about the products that will be the part of its US expansion plan (currently in development). There are however rumors that the bank has signed a partnership deal with an unrevealed company to ease the launch of its web-based payment infrastructure Web 2.0.

This post was published at NewsBTC on Feb 23, 2015.